Hungarian telecoms carrier Magyar Telekom (MTel) has posted a first-quarter net profit of HUF13.02 billion (USD57.96 million), broadly in line with market expectations. Analysts polled by online business journal portfolio.hu had forecast the group to book a quarterly profit of HUH13.15 billion. The telco’s 1Q12 results were fuelled by a 2.9% year-on-year rise in revenues to HUF147 billion – driven by strong growth at its energy resale business – which helped to more than offset declining sales from core fixed and mobile activities
Read the original post:
OVETEL MTel Q1 profits in line with forecasts
No comments:
Post a Comment